Vinci Partners Investments Ltd. (NASDAQ:VINP) Sees Significant Decrease in Short Interest

Vinci Partners Investments Ltd. (NASDAQ:VINP - Get Free Report) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 160,400 shares, a drop of 41.2% from the March 31st total of 272,900 shares. Based on an average trading volume of 87,000 shares, the short-interest ratio is currently 1.8 days. Currently, 0.6% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut their price objective on Vinci Partners Investments from $15.00 to $13.50 and set an "overweight" rating on the stock in a report on Tuesday.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Van ECK Associates Corp grew its position in shares of Vinci Partners Investments by 15.2% during the 4th quarter. Van ECK Associates Corp now owns 14,646 shares of the company's stock valued at $147,000 after acquiring an additional 1,929 shares during the period. Public Employees Retirement System of Ohio grew its stake in Vinci Partners Investments by 176.1% in the 4th quarter. Public Employees Retirement System of Ohio now owns 12,426 shares of the company's stock valued at $125,000 after acquiring an additional 7,926 shares during the period. Commonwealth Equity Services LLC purchased a new stake in Vinci Partners Investments in the 4th quarter worth $104,000. Trexquant Investment LP acquired a new position in Vinci Partners Investments during the fourth quarter worth $233,000. Finally, Northern Trust Corp lifted its holdings in Vinci Partners Investments by 259.4% during the fourth quarter. Northern Trust Corp now owns 78,269 shares of the company's stock valued at $788,000 after purchasing an additional 56,489 shares in the last quarter. Hedge funds and other institutional investors own 34.07% of the company's stock.

Vinci Partners Investments Stock Performance

Shares of NASDAQ:VINP traded up $0.14 during midday trading on Friday, reaching $9.77. The company's stock had a trading volume of 25,956 shares, compared to its average volume of 69,465. The firm has a market capitalization of $525.42 million, a PE ratio of 15.76 and a beta of 0.08. The stock has a fifty day moving average of $9.74 and a 200 day moving average of $10.05. Vinci Partners Investments has a twelve month low of $8.66 and a twelve month high of $11.62. The company has a quick ratio of 12.68, a current ratio of 12.68 and a debt-to-equity ratio of 0.51.

Vinci Partners Investments Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.14%. The ex-dividend date of this dividend was Thursday, March 13th. Vinci Partners Investments's dividend payout ratio is currently 150.00%.

About Vinci Partners Investments

Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services.